| You may have heard the term "student loan | | | | written job description from a supervisor, highlighting |
| forgiveness" before. However, most people simply | | | | the things that you do to make your job "public |
| assume that they will not be able to take advantage | | | | service" can go a long way in this type of case. Also, |
| of these types of programs because they seem too | | | | make sure that you have documents proving how long |
| good to be true. Student loan forgiveness programs | | | | you have been employed in that position. Go ahead |
| literally forgive your debt. You do not have to pay it | | | | and contact any relevant government programs to |
| back. The end result is that you have basically had a | | | | find out exactly what they will require for you to get |
| "scholarship" for part or all of your college tuition and | | | | your student loan forgiveness so you can gather as |
| educational training. | | | | you go rather than waiting until your decade is up and |
| However, you definitely will earn this "scholarship" if | | | | then hoping you can make and prove your case. |
| you receive it. Generally, student debt forgiveness is | | | | Of course, certain types of loans are more likely to |
| based on your career choice. If you choose a career | | | | qualify for college loan forgiveness than others. Federal |
| in public service and remain in that career for a | | | | student loans nearly always do. However, if you are a |
| decade, then not only will the federal government | | | | parent who has taken out a PLUS loan, you are |
| forgive any remaining debt, but in some cases they will | | | | probably not going to be eligible for student loan |
| actually cut you a check for some of the payments | | | | forgiveness regardless of you or your child's career |
| that you did make over that period of time. And you | | | | choice. This does not rule out your chances at getting |
| may be surprised at the types of careers that can | | | | your loan forgiven entirely though. If there was a failure |
| qualify you for student loan forgiveness. Examples of | | | | in the educational system where your child attended, |
| public service careers include not only firemen, | | | | then you may be able to make a case. |
| policemen and community defense personnel, but also | | | | When it comes to student loan forgiveness, dedication |
| doctors and lawyers who work with underprivileged | | | | and attention to detail is the key to your success. |
| clients and people who do a variety of charitable | | | | Make sure that you have thorough documentation of |
| works as part of their job. | | | | all your qualifying work. Be persistent but always polite |
| If you believe that your career may qualify you for | | | | to lender representatives and program aides. You will |
| student loan forgiveness, then you should immediately | | | | find that they are as eager as you are to find a way |
| start gathering documentation. For example, a yearly | | | | to help you get loan forgiveness if you qualify. |